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Estate planner vs investment consultant

The differences between estate planners and investment consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an estate planner and an investment consultant. Additionally, an investment consultant has an average salary of $109,300, which is higher than the $96,182 average annual salary of an estate planner.

The top three skills for an estate planner include financial products, financial analysis and term care. The most important skills for an investment consultant are financial services, FINRA, and financial products.

Estate planner vs investment consultant overview

Estate PlannerInvestment Consultant
Yearly salary$96,182$109,300
Hourly rate$46.24$52.55
Growth rate15%15%
Number of jobs25,71048,111
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 77%
Average age4545
Years of experience44

Estate planner vs investment consultant salary

Estate planners and investment consultants have different pay scales, as shown below.

Estate PlannerInvestment Consultant
Average salary$96,182$109,300
Salary rangeBetween $58,000 And $157,000Between $60,000 And $196,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Bailey & Glasser
Best paying industry-Finance

Differences between estate planner and investment consultant education

There are a few differences between an estate planner and an investment consultant in terms of educational background:

Estate PlannerInvestment Consultant
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 77%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Minnesota - Twin Cities

Estate planner vs investment consultant demographics

Here are the differences between estate planners' and investment consultants' demographics:

Estate PlannerInvestment Consultant
Average age4545
Gender ratioMale, 62.8% Female, 37.2%Male, 79.7% Female, 20.3%
Race ratioBlack or African American, 6.1% Unknown, 4.4% Hispanic or Latino, 10.0% Asian, 5.5% White, 73.9% American Indian and Alaska Native, 0.1%Black or African American, 5.7% Unknown, 4.4% Hispanic or Latino, 9.5% Asian, 8.4% White, 71.9% American Indian and Alaska Native, 0.1%
LGBT Percentage5%5%

Differences between estate planner and investment consultant duties and responsibilities

Estate planner example responsibilities.

  • Manage financial planning, educate clients on fix indexed annuities, and consistently analyze financial markers and ever-changing client needs.
  • Manage financial planning, educate clients on fix indexed annuities, and consistently analyze financial markers and ever-changing client needs.
  • Develop fee-based blotter reporting program to address AUM reporting and compliance suitability.

Investment consultant example responsibilities.

  • Manage $3MM private investment portfolio consisting of mid-cap/large-cap equities.
  • Research securities to determine value by analyzing financial statements, corporate filings and earnings reports
  • Preform timely and accurate securities operational support functions, trade processing, settlement reporting.
  • Adjust sector exposure to express personal macro views, selecting single stocks within sector base on fundamental analysis and technical indicators.
  • Advance knowledge of annuities and interest rates.
  • Team leader for license bank employees in the selling of tax-defer annuities.
  • Show more

Estate planner vs investment consultant skills

Common estate planner skills
  • Financial Products, 27%
  • Financial Analysis, 19%
  • Term Care, 12%
  • Life Insurance, 12%
  • Annuities, 7%
  • Probate, 6%
Common investment consultant skills
  • Financial Services, 12%
  • FINRA, 8%
  • Financial Products, 7%
  • Client Relationships, 5%
  • Investment Products, 4%
  • Client Satisfaction, 4%

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